In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Westport Fuel Systems (WPRT – Research Report). The company’s shares closed last Friday at $5.68.
According to TipRanks, Stine is a 3-star analyst with an average return of 1.5% and a 29.87% success rate. Stine covers the Energy sector, focusing on stocks such as Broadwind Energy, Clean Energy Fuels, and Green Plains.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Westport Fuel Systems with a $16.00 average price target.
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WPRT market cap is currently $98.47M and has a P/E ratio of -1.85.
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Westport Fuel Systems (WPRT) Company Description:
Westport Fuel Systems, Inc. engages in the engineering, manufacture, and supply of alternative fuel systems and components. It operates through the following segments: Transportation, Cummins Westport Inc. (CWI) Joint Venture, and Corporate. The Transportation segment designs, manufactures, and sells alternative fuel systems and components for transportation applications. The CWI Joint Venture segment serves the medium and heavy-duty on highway engine markets. The Corporate segment refers to the public company activities, corporate oversight, and general administrative duties. The company was founded on March 20, 1995 and is headquartered in Vancouver, Canada.
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